SMESTAD INVEST AS

3579 TORPO

Finances

Return on Equity

−9,66 %

Current Ratio

0,68

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 704 000	796 000	563 000	600 000
Net Income	−870 000	−444 000	5 936 000	−45 000
Total Assets	26 284 000	24 129 000	20 199 000	7 131 000
Total Equity	9 005 000	9 875 000	10 319 000	4 383 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 704 000	796 000	563 000	600 000
Expenditure	1 895 000	889 000	911 000	839 000
Operating Profit	−191 000	−93 000	−348 000	−238 000
Financial Income	19 000	5 000	6 505 000	508 000
Financial Costs	698 000	356 000	221 000	315 000
Financial Balance	−679 000	−351 000	6 284 000	193 000
Earnings Before Tax	−870 000	−444 000	5 936 000	−45 000
Tax	0	0	0	0
Net Income	−870 000	−444 000	5 936 000	−45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 353 000	23 178 000	12 541 000	6 469 000
Total Current Assets	931 000	951 000	7 658 000	663 000
Total Assets	26 284 000	24 129 000	20 199 000	7 131 000
Total Retained Equity	8 902 000	9 772 000	10 216 000	4 280 000
Total Equity	9 005 000	9 875 000	10 319 000	4 383 000
Total Long-Term Debt	15 900 000	12 275 000	9 370 000	2 501 000
Total Current Debt	1 379 000	1 978 000	510 000	247 000
Total Equity and Debt	26 284 000	24 129 000	20 199 000	7 131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	512 000	7 000	0	0
Other Income	1 192 000	789 000	563 000	600 000
Revenue	1 704 000	796 000	563 000	600 000
Cost of Goods Sold	0	0	0	0
Salary Costs	127 000	125 000	125 000	142 000
Depreciation	983 000	466 000	401 000	378 000
Impairment	0	0	0	0
Expenditure	1 895 000	889 000	911 000	839 000
Operating Profit	−191 000	−93 000	−348 000	−238 000
Financial Income	19 000	5 000	6 505 000	508 000
Financial Costs	698 000	356 000	221 000	315 000
Financial Balance	−679 000	−351 000	6 284 000	193 000
Dividends	0	0	0	200 000
Net Income	−870 000	−444 000	5 936 000	−45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 907 000	22 892 000	12 141 000	5 957 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	111 000	226 000	336 000
Total Tangible Assets	24 925 000	23 003 000	12 366 000	6 294 000
Total Fiancial Fixed Assets	428 000	175 000	175 000	175 000
Total Fixed Assets	25 353 000	23 178 000	12 541 000	6 469 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	625 000	148 000	410 000	25 000
Total Current Assets	931 000	951 000	7 658 000	663 000
Total Assets	26 284 000	24 129 000	20 199 000	7 131 000
Total Equity	9 005 000	9 875 000	10 319 000	4 383 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 900 000	12 275 000	9 370 000	2 501 000
Creditors	1 047 000	1 940 000	276 000	26 000
Unpaid Taxes	8 000	8 000	8 000	8 000
Dividends	0	0	0	200 000
Other Current Debt	323 000	31 000	226 000	13 000
Total Current Debt	1 379 000	1 978 000	510 000	247 000
Total Equity and Debt	26 284 000	24 129 000	20 199 000	7 131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,66 %	−4,5 %	57,52 %	−1,03 %
Debt-to-Equity Ratio	1,77	1,24	0,91	0,57
Operating Profit Margin	−11,21 %	−11,68 %	−61,81 %	−39,67 %
Current Ratio	0,68	0,48	15,02	2,68
Quick Ratio	0,68	0,48	15,02	2,68
Equity Ratio	0,34	0,41	0,51	0,61
Gross Profit Margin	100 %	100 %	100 %	100 %